[]
BTC$84,185-3.63%ETH$1,889.77-6.06%USDT$1.00-0.04%XRP$2.19-6.79%BNB$618.13-3.22%SOL$129.39-7.08%USDC$1.000.00%DOGE$0.18-6.21%ADA$0.70-4.87%TRX$0.23-0.27%STETH$1,889.8-6.13%WBTC$84,088-3.77%TON$3.81-4.75%LINK$14.24-8.70%LEO$9.70-0.62%AVAX$20.35-7.89%XLM$0.27-5.36%WSTETH$2,251.21-6.13%SUI$2.51-10.65%SHIB$0.00001325-6.15%USDS$1.00-0.01%HBAR$0.18-6.74%LTC$86.72-6.52%DOT$4.28-7.79%OM$6.32-2.80%BCH$307.88-5.34%BGB$4.79-4.33%PI$0.83-1.02%WETH$1,889.06-6.13%USDE$1.000.00%BSC-USD$1.00-0.02%HYPE$13.18-11.98%WEETH$2,008.49-6.21%WBT$28.78-1.04%XMR$216.60-3.63%UNI$6.14-9.52%APT$5.55-7.54%PEPE$0.00000774-9.30%NEAR$2.72-10.00%DAI$1.000.03%SUSDS$1.04-0.16%OKB$49.15-1.78%TKX$36.000.57%CRO$0.103.41%GT$22.75-4.28%MNT$0.82-2.25%CBBTC$84,218-3.64%ICP$5.61-7.70%ONDO$0.84-8.79%AAVE$172.53-6.68%FDUSD$1.00-0.09%ETC$17.04-4.53%SUSDE$1.160.06%TAO$245.00-9.94%VET$0.02-8.09%TRUMP$10.27-8.08%ENA$0.39-10.65%ATOM$4.57-5.60%TIA$3.43-7.35%BUIDL$1.000.00%RENDER$3.70-6.54%POL$0.21-8.83%FIL$2.82-7.29%KAS$0.07-8.89%LBTC$84,053-3.96%FTN$4.020.05%S$0.54-11.19%ALGO$0.20-6.52%ARB$0.35-10.34%IP$5.50-2.81%JUP$0.50-9.39%KCS$11.16-1.70%OP$0.83-8.60%FET$0.51-8.36%SOLVBTC$83,831-3.96%MKR$1,430.17-2.56%MOVE$0.48-1.82%RSETH$1,966.64-5.97%WETH$1,888.99-6.11%NEXO$1.12-4.27%XDC$0.07-3.18%BNSOL$135.11-7.11%DEXE$18.302.79%QNT$71.50-6.37%IMX$0.58-8.11%WLD$0.84-11.88%STX$0.66-9.86%USDT0$1.00-0.02%BONK$0.00001207-12.67%SEI$0.19-9.27%RETH$2,138.16-6.22%USD0$1.000.00%GRT$0.10-9.77%INJ$9.28-11.50%BERA$8.36-3.48%THETA$0.89-9.72%EOS$0.58-1.36%USDC.E$1.000.05%USDT$1.00-0.02%FLR$0.01-3.53%

Advertisement

Bitcoin Crashes by $2,000 in 60 Minutes

Ether drops below $3,000 as leveraged liquidations approach $150 million.
By: yyctrader • May 10, 2024
downward-trending arrow and breaking bar graphs

Crypto markets turned sharply lower on Friday, retracing the gains from yesterday’s rate cut optimism-driven rally.

Bitcoin dropped 3% in the span of an hour, while Ether plunged below $3,000. Solana’s SOL dipped by 4% to $147.

BTC price chart
BTC price

Among the top 100 cryptocurrencies by market capitalization, the biggest losers are liquid staking leader Lido (LDO) and Bittensor (TAO), the decentralized AI project. Both are down around 7% in the past 24 hours.

Meanwhile, Akash Network (AKT) and Telegram-affiliated TON are the best performers, up 13% and 8%, respectively.

The selloff appears to be isolated to crypto for now, as major stock markets and the U.S. dollar are trading flat on the day.

Nearly $150 million of leveraged positions were liquidated in the past 24 hours, with just over half that figure in the past four hours, according to CoinGlass.

BitcoinEthereum

Our articles are stored on Filecoin.

Related Posts

ethena usdtb surges

Ethena Labs’ USDtb Stablecoin Surges 1,500%, Enters Top 10 Stablecoins

0 hours ago
pi network denies scam allegations

Pi Network Responds to ‘Scam’ and ‘Multi-Level Marketing’ Allegations

0 hours ago
Hyperliquid to Compensate JELLYJELLY Traders and Strengthen Risk Protocols

Hyperliquid to Compensate JELLYJELLY Traders and Strengthen Risk Protocols

3 hours ago

Advertisement

Get an edge in Crypto with our free daily newsletter

Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri

90k+ Defiers informed every day. Unsubscribe anytime.